Illinois Institute of Technology

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2016 Undergraduate Tuition

$42,989

3.31% growth from 2015

2016 Average Net Price

$25,847

After Financial Aid

2015 Student Loan

2.73%

Default Rate

2016 Acceptance Rate

57.1%

4,287 Applicants

2016 Enrolled Students

7,730

84.8% Full-Time

2016 Graduation Rate

71.4%

282 Graduates

About

Illinois Institute of Technology is a higher education institution located in Cook County, IL. In 2016, the most popular Bachelor's Degree concentrations at Illinois Institute of Technology were Architecture (115 degrees awarded), Mechanical Engineering (99 degrees), and Electrical & Electronics Engineering (66 degrees).

In 2016, 2,652 degrees were awarded across all undergraduate and graduate programs at Illinois Institute of Technology. 36.7% of these degrees were awarded to women, and 63.3% awarded men. The majority of degree recipients were white (520 degrees), 2.94 times more than then the next closest race/ethnicity group, hispanic or latino (177 degrees).

The median undergraduate tuition at Illinois Institute of Technology is $42,989, which is $17,133 more than the national average for Doctoral Universities ($25,856).

Costs

The median undergraduate tuition at Illinois Institute of Technology is $42,989, which is $17,133 more than the national average for Doctoral Universities ($25,856).

After taking grants and loans into account, the average net price for students is $25,847.

In 2016, 93% of undergraduate students received federal grants, while 42% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$42,989

2016 Undergraduate Tuition

In 2016, the cost of tuition at Illinois Institute of Technology was $42,989. The cost of tuition at Illinois Institute of Technology is $17,133 more than than the overall (public and private) national average for Doctoral Universities ($25,856).

This chart compares the tuition costs of Illinois Institute of Technology (in red) with those of other similar universities.

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Average Net Price

$25,847

2016 Value

10.6%

1 Year Growth

In 2016 Illinois Institute of Technology had an average net price — the price paid after factoring in grants and loans — of $25,847. Between 2015 and 2016, the average net price of Illinois Institute of Technology grew by 10.6%.

This chart compares the average net price of Illinois Institute of Technology (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

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Other Student Expenses

$11,158

Room and Board

$1,200

Books and Supplies

The average yearly cost of room and board at Illinois Institute of Technology was of $11,158 in 2016. During the same period, the average yearly cost of books and supplies was $1,200. The cost of room and board decreased by 9.82% between 2015 and 2016. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at Illinois Institute of Technology (in red) with that of similar universities.

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Financial Aid

Financial Aid by Income Level

93%

Of Undergraduates Receive Grants

42%

Of Undergraduates Receive Federal Loans

93% of undergraduate students at Illinois Institute of Technology received grants or loans in 2016. This represents a growth of 4.49% with respect to 2015, when 89% of undergraduate students received financial aid.

This chart compares the average award discount at Illinois Institute of Technology (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

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Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

2.73%

2015 Default Rate

28

Number of Defaults

In 2015 the default rate for borrower's at Illinois Institute of Technology was 2.73%, which represents 28 out of the 1027 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

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Admissions

Illinois Institute of Technology received 4,287 undergraduate applications in 2016, which represents a 2.63% annual decline. Out of those 4,287 applicants, 2,448 students were accepted for enrollment, representing a 57.1% acceptance rate.

There were 7,730 students enrolled at Illinois Institute of Technology in 2016, and 28% of first-time enrollees submitted SAT scores with their applications.

Illinois Institute of Technology has an overall enrollment yield of 20.5%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

57.1%

Acceptance Rate in 2016

2,448

Accepted Out of 4,287

In 2016, the undergraduate acceptance rate of Illinois Institute of Technology was 57.1% (2,448 admissions from 4,287 applications). This is higher than the acceptance rate of 2015, which was 52.7%. Between 2015 and 2016, the number of applicants declined by -2.63%, while admissions grew by 5.47%.

This chart compares the acceptance rate of Illinois Institute of Technology (in red) with that of other similar universities.

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SAT Scores

28%

Submission Percentage

140

Scores Submitted

28% of enrolled first-time students at Illinois Institute of Technology in 2016 submitted SAT scores with their applications.

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

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Enrollment

Illinois Institute of Technology has a total enrollment of 7,730 students. The full-time enrollment at Illinois Institute of Technology is 6,558 students and the part-time enrollment is 1,172. This means that 84.8% of students enrolled at Illinois Institute of Technology are enrolled full-time.

The enrolled student population at Illinois Institute of Technology, both undergraduate and graduate, is 25% White, 8.32% Hispanic or Latino, 7.09% Asian, 3.78% Black or African American, 1.59% Two or More Races, 0.116% American Indian or Alaska Native, and 0.0906% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Illinois Institute of Technology in full-time Undergraduate programs are majority White Male (24.1%), followed by Hispanic or Latino Male (11.5%) and Asian Male (9.7%). Students enrolled in full-time Graduate programs are majority White Male (8.61%), followed by White Female (7.49%) and Hispanic or Latino Female (1.59%).

Full-Time vs Part-Time Enrollment

84.8%

Full-Time Enrollment

The total enrollment at Illinois Institute of Technology, both undergraduate and graduate, is 7,730 students. The full-time enrollment at Illinois Institute of Technology is 6,558 and the part-time enrollment is 1,172. This means that 84.8% of students enrolled at Illinois Institute of Technology are enrolled full-time compared with 78.1% at similar Doctoral Universities.

This chart shows the full-time vs part-time enrollment status at Illinois Institute of Technology (in red) compares to similar universities.

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Retention Rate over Time

90%

2016 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Illinois Institute of Technology was 90%. Compared with the full-time retention rate at similar Doctoral Universities (83%), Illinois Institute of Technology had a retention rate higher than its peers.

This chart shows the retention rate over time at Illinois Institute of Technology (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

  1. White

    1,935

  2. Hispanic or Latino

    643

  3. Asian

    548

The enrolled student population at Illinois Institute of Technology is 25% White, 8.32% Hispanic or Latino, 7.09% Asian, 3.78% Black or African American, 1.59% Two or More Races, 0.116% American Indian or Alaska Native, and 0.0906% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Doctoral Universities is 51.9% White, 12.8% Hispanic or Latino, and 9.36% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 369 students (4.77%) did not report their race.

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Graduates

In 2016, 704 fewer women than men received degrees from Illinois Institute of Technology. The majority of degree recipients at Illinois Institute of Technology are white (520 degrees awarded). There were 2.94 times more white graduates than the next closest race/ethnicity group, hispanic or latino (177 degrees).

The most common Bachelor's Degree concentration at Illinois Institute of Technology is Architecture (115 degrees awarded), followed by Mechanical Engineering (99 degrees) and Electrical & Electronics Engineering (66 degrees).

The most specialized majors across all degree types at Illinois Institute of Technology, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Architecture and Related Services (181 degrees awarded), Legal (347 degrees), and Engineering (941 degrees).

Workforce

Common Jobs by Major

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Illinois Institute of Technology are Software developers, applications & systems software (785,171 people), Miscellaneous managers (513,062 people), Miscellaneous engineers, including nuclear engineers (324,178 people), Civil engineers (237,463 people), and Computer programmers (187,245 people).

The most specialized majors at Illinois Institute of Technology are Architecture and Related Services (181 degrees awarded), Legal (347 degrees), Engineering (941 degrees), Computer and Information Sciences and Support Services (475 degrees), and Math & Statistics (60 degrees).

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Highest Paying Jobs by Major

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Illinois Institute of Technology are Physicians & surgeons, Economists, Sales representatives, wholesale & manufacturing, Chief executives & legislators, and Securities, commodities, & financial services sales agents

The most specialized majors at Illinois Institute of Technology are Architecture and Related Services (181 degrees awarded), Legal (347 degrees), Engineering (941 degrees), Computer and Information Sciences and Support Services (475 degrees), and Math & Statistics (60 degrees).

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Common Industries by Major

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Illinois Institute of Technology are Computer Systems Design (890,603 people), Architectural, engineering & related services (553,470 people), Construction (288,078 people), Colleges, universities & professional schools, including junior colleges (283,913 people), and Elementary & secondary schools (215,958 people).

The most specialized majors at Illinois Institute of Technology are Architecture and Related Services (181 degrees awarded), Legal (347 degrees), Engineering (941 degrees), Computer and Information Sciences and Support Services (475 degrees), and Math & Statistics (60 degrees).

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Degrees

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Illinois Institute of Technology.

Most Common

  1. 115 degrees awarded

  2. 99 degrees awarded

  3. 66 degrees awarded

In 2016, the most common bachelors degree concentration at Illinois Institute of Technology was Architecture with 115 degrees awarded.

This visualization illustrates the percentage of degree recipients from bachelors degree programs at Illinois Institute of Technology according to their major.

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 1,678

  2. 974

In 2016, 1,678 degrees were awarded to men at Illinois Institute of Technology, which is 1.72 times more than the number of degrees awarded to females (974).

This chart displays the gender disparity between the top 5 majors at Illinois Institute of Technology by degrees awarded.

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Most Common Male Majors

In 2016, 216 degrees were awarded to men at Illinois Institute of Technology in Electrical & Electronics Engineering, which is 4.5 times more than the 48 female recipients with that same degree.

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Most Common Female Majors

In 2016, 119 degrees were awarded to women at Illinois Institute of Technology in Law, which is 0.96 times less than the 124 male recipients with that same degree.

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Time to Complete

28%

100% Completion Time

65%

150% Completion Time

In 2016, 28% of students graduating from Illinois Institute of Technology completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 65% completed their degrees within 150% of the normal time, and 67% within 200%.

The following chart shows these completion rates over time compared to the average for the Doctoral Universities Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

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Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

White Female

Highest Graduation Rate (84.3%)

The student demographic with the highest graduation rate at Illinois Institute of Technology is Female and White (84.3% graduation rate). Across all Doctoral Universities, Asian Female students have the highest graduation rate (67.2%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 2.13% of graduates (6 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    520 degrees awarded

  2. Hispanic or Latino

    177 degrees awarded

  3. Unknown

    162 degrees awarded

The most common race/ethnicity at Illinois Institute of Technology is white (520 degrees awarded). There were 2.94 times more white recipients than the next closest race/ethnicity group, hispanic or latino (177 degrees).

6.11% of degree recipients (162 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Male

    351 degrees awarded

  2. White Female

    169 degrees awarded

  3. Hispanic or Latino Male

    98 degrees awarded

The most common race/ethnicity and gender grouping at Illinois Institute of Technology is white male (351 degrees awarded). There were 2.08 times more white male recipients than the next closest race/ethnicity group, white female (169 degrees).

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Operations

Illinois Institute of Technology has an endowment valued at nearly $235M, as of the end of the 2015 fiscal year. The return on its endowment was of $12.1M (5.14%), compared to the 1.54% average return ($4.18M on $271M) across all Doctoral Universities.

In 2015, Illinois Institute of Technology had a total expenditure of $278M. Of that $278M, they spent $127M on salaries and $278M on benefits.

Illinois Institute of Technology employs 161 Professors, 110 Associate professors, and 84 Assistant professors. Most academics at Illinois Institute of Technology are Male Professors (127), Male Associate professors(86), and Male Assistant professors (50).

The most common positions for non-instructional staff at Illinois Institute of Technology are: Management, with 221 employees, Office and Administrative Support, with 147 employees, and Business and Financial Operations with 106 employees.

Finances

Endowment

$235M

2015 Endowment

5.59%

growth from 2014

Illinois Institute of Technology has an endowment valued at about $235M, as of the end of the 2015 fiscal year. The endowment of Illinois Institute of Technology grew 5.59% from the previous year. The value of their endowment was $35.5M lower than than the median endowment of Doctoral Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at Illinois Institute of Technology (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Doctoral Universities: Higher Research Activity Carnegie Classification grouping.

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Government Grants and Contracts

Grants & Contracts

  1. $48.6M - Federal

  2. $4.45M - State

  3. $525k - Local

As of 2015, Illinois Institute of Technology received $48.6M in grants and contracts from the federal government, $4.45M from state grants and contracts, and $525k from local grants and contracts.

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Expenses

Primary Expenses

Expenditure values can vary depending on whether the institution is public or private, and are not available for private-for-profit schools.

$127M

Salary Expenditure

$278M

Benefits Expenditure

In 2015, Illinois Institute of Technology had a total expenditure of $278M. Of that $278M, they spent $127M on salaries and $278M on benefits.

The bar chart shows the share of the primary expenses at Illinois Institute of Technology over time, and the line chart shows the expenditure for solely salaries and benefits over time compared to the median for the Doctoral Universities Carnegie Classification grouping.

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Expenditure by Category

This tree map shows all of the primary expenses of Research at Illinois Institute of Technology as a share of total expenditure.

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Salary Expenditure

$127M

2015 Salaries

5.02%

growth from 2014

In 2015, Illinois Institute of Technology paid a median of $127M in salaries, which represents 45.9% of their overall expenditure ($278M) and a 5.02% growth from the previous year. This is compared to a 2.64% growth from 2013 and a 4.54% growth from 2012.

The median for similar Doctoral Universities is 206M (43.4% of overall expenditures).

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Instructional Salaries

$48.7M

Instructional Salaries

410

Number of Employees

In 2015, Illinois Institute of Technology paid a total of $48.7M to 410 employees working as instructors, which represents 38.2% of all salaries paid.

This is compared to a median of $62.1M (30.2%) for similar Doctoral Universities.

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Faculty and Staff

Occupations by Share

Professor

Most Common Instructor

161 Employees

Management

Most Common Non-Instructional Employee

221 Employees

In 2016, the most common positions for instructional staff at Illinois Institute of Technology were Professor with 161 employees; Associate professor with 110 employees; and Associate professor with 84 employees.

In 2016, the most common positions for non-instructional staff at Illinois Institute of Technology were Management with 221 employees; Office and Administrative Support with 147 employees; and Business and Financial Operations with 106 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Male Professor

  2. Male Associate professor

  3. Male Assistant professor

In 2016, the most common demographic for instructional staff at Illinois Institute of Technology was Male Professor with 127 employees, Male Associate professor with 86 employees, and Male Assistant professor with 50 employees.

This chart shows the gender split between each academic rank present at Illinois Institute of Technology.

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